Corporate Governance
Shareholder Democracies?: Corporate Governance in Britain and Ireland before 1850 addresses a central issue. Current governance structures often allow managers to pursue their own interests. According to some, a dissemblance of democracy has led to “elitism and self-interest in the …
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Mason Morfit, a partner at ValueAct Capital and one of the most successful shareholder activists in the US, according to the Rock Center announcement, and Abe Friedman, of CJB Capital Management (former Global Head of Corporate Governance & Responsible Investment for BlackRock …
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TK Kerstetter, President, Corporate Board Member, talks with Francis Byrd, Senior Vice President, Laurel Hill Advisory Group. Does your board have a break the glass plan in place when getting negative recommendations from ISS or Glass Lewis? The proxy is more …
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Richard L. Trumka, President, AFL-CIO announced an update to their PayWatch website—this year’s version is called CEO Pay and the 99%. Trumka says it’s your one-stop shop for the most recent information on out-of-control CEO pay and what you can …
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Fredrick D. Lipman provides several insights to Conference Board readers drawn from his recent book Whistleblowers: Incentives, Disincentives, and Protection Strategies (Wiley Corporate F&A). Lippman finds seven major problems with most current whistleblowers systems: The tone at the top …
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The Wall Street Journal printed an article describing how CEOs around the world spend their time. The article drew on data from a larger study, the Executive Time Use Project, and relied on reports of time use by CEO’s personal assistants. The article indicates that …
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Thanks to Broc Romanek’s post, Submissions to Corp Fin’s Office of Chief Counsel: Use Online Forms, Not E-Mail Address. “As Corp Fin Staffers have been warning folks at conferences, etc., the Office of Chief Counsel is shutting down its email …
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Two weeks after SEC lawyers granted six corporations approval to exclude “proxy access” proposals from their proxy materials, United States Proxy Exchange (USPX) members are already submitting an updated version of that same proposal to other corporations. Updated language addresses …
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After extensive consultation with global investors, the ICGN releases two new best practice guidelines: ICGN Guidance on Political Lobbying and Donations and Model Contract Terms Between Asset Owners and Managers. Said Christianna Wood, Chairman of the ICGN Board of Governors: …
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The Activist Investor – Why Companies Oppose Proxy Access discusses three possibilities: Directors and executives automatically oppose investors. The subject or the investor doesn’t matter. Anything investors want must be bad. Directors and executives are quite risk averse. Maybe there’s a …
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